XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.023%

Price spread now: Coinbase International against Variational Omni−0.451%7-day average +0.043% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 3 days (all we have)+0.670%+$67 · spread now −0.451%, 7d avg +0.043%

Together, before fees+0.717%+ Points / potential airdropVariational Omni: Active · farm board+$72 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.494% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.451% now, against its 7-day average of +0.043%). If the spread goes back, that is −$49 on $10k: about 14 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.046% in total) that is about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XRP	1.5690	0.0100	pay 0.0100% / 8h	1h 38m	$12.0M	$29.9M	—
Short	Coinbase International XRP-PERP-INTX	1.5619	0.0216	get 0.0027% / 1h	38m 08s	$5.8M	$46.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.451%Rate

Funding earned: $24.36
Price spread: −0.451% → +0.043%: −$49.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$35
Costs to cover: 0.100%
Break-even: 17.1 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 1 min ago	2.01 bp	doesn't fit	6.4 bp −$64	27.8 bp −$2,784	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.64 bp	7.8 bp −$8	10.9 bp −$109	25.8 bp −$2,583	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5649	−0.259%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5650	−0.255%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5617	−0.463%	$9.7M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5653	−0.233%	$262K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.548%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5606	−0.533%	$15.6M	$68.0M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5643	−0.298%	$81K	$938K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0134%	1h	1.5653	−0.235%	$922K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5613	−0.488%	$3.0M	$11.9M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5614	−0.482%	$461K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5674	−0.097%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5650	−0.251%	$39.8M	$76.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5655	−0.223%	$675K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5615	−0.476%	$563.7M	$1.94B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5613	−0.489%	$351.8M	$879.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5612	−0.495%	$128.0M	$872.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5693	+0.021%	$584K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5671	−0.119%	$120K	$729K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	−0.043%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5657	−0.208%	$375.9M	$137.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5612	−0.495%	$293.6M	$835.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5614	−0.483%	$114.9M	$156.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5608	−0.521%	$271.3M	$357.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5611	−0.502%	—	$3.7M	—	as long as short
Variational Omni XRPlong	+0.0100%	8h	1.5690	long leg	$12.0M	$29.9M	—
edgeX XRPUSDC	+0.0100%	4h	1.5681	−0.057%	$681K	$99.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5652	−0.239%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5674	−0.100%	$1.0M	$879K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5660	−0.191%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5676	−0.087%	$47K	$444K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5653	−0.234%	$42K	$64K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5645	−0.287%	$842K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5668	−0.141%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5613	−0.489%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5604	−0.545%	$51.3M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5614	−0.482%	$55.6M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5673	−0.108%	$489K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5675	−0.094%	$13K	$249K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5638	−0.331%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5615	−0.476%	$73K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5683	−0.043%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5675	−0.094%	$9K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5661	−0.184%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5619	−0.451%	$5.8M	$46.7M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5633	−0.361%	$24.5M	$72.9M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0315%	1h	1.5625	−0.412%	$1.8M	$972K	25x	as long as short
Kalshi KXXRPPERP	+0.0325%	8h	1.5650	−0.253%	$1.9M	$32.3M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5730	+0.257%	$70K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5676	−0.088%	$512K	$615K	10x	as long as short
Hyperliquid XRP	+0.0624%	1h	1.5683	−0.043%	$292.5M	$199.3M	20x	as long as short
Aftermath Perps XRPUSD	+0.0647%	1h	1.5674	−0.102%	$1K	$11K	10x	as long as short